CandleFocus 3 Trillion Shiba Inu (SHIB) in 24 Hours: Whales Waking up Again
2024-10-08
Author: Content Editor
The article reports an increase in whale activity for the cryptocurrency Shiba Inu (SHIB), which could potentially lead to a recovery in its price. The significant transaction volume and accumulation of SHIB by major players suggest that a price reversal may be imminent. If this whale activity continues, it could break through resistance levels and trigger a larger market rally, potentially pushing the price of SHIB back to recent highs. However, a crucial support level must be sustained at $0.00001500 to maintain the current uptrend. Overall, the increase in whale activity indicates that significant holders are starting to become active again, providing a potential basis for a more significant price retracement.
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